In trend terms, the number of commitments for owner occupied housing finance fell 0.1% in January 2015.

In trend terms, the number of commitments for the purchase of new dwellings fell 1.9% and the number of commitments for the construction of dwellings fell 1.0%, while the number of commitments for the purchase of established dwellings rose 0.2%.

In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments fell to 14.2% in January 2015 from 14.3% in December 2014.

NOTES

FORTHCOMING ISSUES

ISSUE

Release Date

February 2015

10 April 2015

March 2015

12 May 2015

April 2015

9 June 2015

May 2015

10 July 2015

June 2015

7 August 2015

July 2015

9 September 2015

REVISIONS

In this issue revisions have been made to the original series as a result of improved reporting of survey and administrative data, and modelled first home buyer estimates. These revisions have impacted on:

First home buyers owner occupied housing for periods August to December 2014

Owner occupied housing for periods August 2014 to December 2014

Housing loan outstandings to households for owner occupation and investment housing series for periods August 2013 to December 2014

Investment housing for the period of December 2014

Seasonally adjusted and trend series have been revised as a result of the incorporation of estimates for the latest month and the revision of seasonal factors due to the concurrent seasonal adjustment methodology.

OTHER CHANGES

Details of the following publication changes can be found under the Other Changes web page and on page 4 of the PDF.

Coverage

Information relating to forthcoming changes to coverage, to be implemented in the February 2015 issue.

First Home Buyers

Information relating to changes to the method of estimating loans to first home buyers, introduced from the December 2014 issue.

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INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070.

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